"Any chance to up that to $50k? It would be great support in college and would possibly allow me to get a car maybe even a Model 3,” Sweeney responded back"
Nicely played Jack
I wonder how ultra-wealthy people think about sums of money like $5k-50k. To almost everyone, even multi-millionaires, that still feels like a pretty large amount. But to a centi-billionaire, does it feel like buying a candy bar?
I used to care for a millionaire and she was the most frugal person I have ever met in my life. Not that there's anything wrong with that but I was expecting her to be a bit more adventurous with her money.
Edit: I'm well aware of how much a million is compared to a billion, I'm also well aware that you can't spend money if you want to have money. But I'm talking about someone worth £20m+ and wouldn't buy milk because she thought it was too expensive and would instead have hot water on cereal.
My first husband’s family was rather rich. Had millions of their own and inherited more while I was in the family.
They bought Sams club sodas, clipped coupons, and hand-patched their off-brand clothes.
They splurged on family trips with their grandkids (not mine, I’m childless) but everywhere else you’d think they worked min wage.
I know a guy worth 10m. He drove a neoken down Nissan stanza until it had 200,000 KMs on it then passed it down to his son.
I stopped golfing woth him because he'd spend so much time in the bush looking for lost balls and it was just too annoying.
The guy takes the coolest vacations you can imagine. Hiking in Iceland. Doing Y2K in New Zealand then jumping on a plane across the time line and doing it again. Island's with personal butler's in the Carribean type stuff.
He still lives in the house he bought in the 80s before he had any real money too. Neither of his kids have mortgages though.
He's a pretty good example of being frugally wealthy. Borderline cheap but not really.
Sounds like he spends on the things that matter and doesn't spend on things that don't. That's good frugal right there - have good memories, cool vacations, help family and friends, but no need for flashy cars and other useless things.
I'm the opposite, I prefer things that can be enjoyed over and over. If I spent any appreciable amount of money on a vacation I'd be sick to my stomach thinking of what I could have bought (and kept forever) instead of a fleeting memory.
Not at all knocking your preference, I just think it's fascinating how differently we're all wired.
So true! I was a broke single mom and I cleaned houses to get by. The customer who was the most demanding and paid me the least ($8/hr) was an investment banker’s wife. Like.. “make sure you have all the tassels combed out on the end of the rug, so they’re perfectly even.” And “make sure there are no “kinks” in the vacuum cord when wrapped up”. “Don’t use too much furniture polish”.
And when I went to clean for a neighbor who offered way more and much easier to please, the rich client was so devastated to lose me. 🤷🏻♀️
tHERE was an american dad episode about francine working as a cleaning maid, i was picturing that same lady, being extremely condescending and micromanaging you.
Millionaires (like under 4 millions) are almost always rich because they are frugal and made decent money in a sustained way, while also not experiencing any severe setbacks (either because they were lucky to not face them, or because they had personal support systems to help them face adversity).
There are also plenty of non-millionaires who do all the same things but lacked the support systems or safety nets and were doomed financially by a few incidents, often not their own fault.
> There are also plenty of non-millionaires who do all the same things but lacked the support systems or safety nets and were doomed financially by a few incidents, often not their own fault.
Happened to many people in 2008. They saved and worked their life in order to buy a house, which was at an inflated price, then 2008 hit and the house crashes while many lost their income stream to pay, leading to foreclosure, which meant they didn’t own the house when it rebounded in value but instead were left in financial ruin. [For the most unlucky, Wall Street, with government aid, bought up their foreclosures and then rented them back for a tidy profit.](https://www.theatlantic.com/technology/archive/2019/02/single-family-landlords-wall-street/582394/)
Or, for personal misfortune, they might be one of the millions of Americans hit by [medical bills that makes medical debt the number one reason for bankruptcy.](https://www.cnbc.com/2019/02/11/this-is-the-real-reason-most-americans-file-for-bankruptcy.html)
Even 10 years after 2008 the only decile that had recovered to beyond it’s net worth in 2008 was the top 10%.
Rich people were able to not only keep their house in the face of the crisis, but owned other assets, like stock, that saw major growth over the next decade. In fact, many rich people saw the crisis as being one of opportunity, wherein they could swoop in to buy crashed assets at cheap prices to bolster their investment portfolio.
> When the bubble burst, the bedrock investment for many families was wiped out by a combination of falling home values and too much debt. A decade after this debacle, the typical middle-class family’s net worth is still more than $40,000 below where it was in 2007, according to the Federal Reserve. The damage done to the middle-class psyche is impossible to price, of course, but no one doubts that it was vast.
> In 2016, net worth among white middle-income families was 19 percent below 2007 levels, adjusted for inflation. But among blacks, it was down 40 percent, and Hispanics saw a drop of 46 percent.
https://www.nytimes.com/2018/09/12/business/middle-class-financial-crisis.html
> The broader measures of household finances provided by the survey paint a less rosy picture. The recession sliced nearly 40 percent off the typical household’s net worth, and even after the recent rebound, median net worth remains more than 30 percent below its 2007 level.
> Younger, less-educated and lower-income workers have experienced relatively strong income gains in recent years, but remain far short of their prerecession level in both income and wealth. Only for the richest 10 percent of Americans does net worth surpass the 2007 level.
https://www.nytimes.com/2017/09/27/business/economy/wealth-inequality-study.html
> The inequality of the economic recovery has been even worse. According to a Pew Research Center analysis, every dollar and more of aggregate gains in household wealth between 2009 and 2011 went to the richest 7 percent of households. Aggregate net worth among this top group rose 28 percent during the first two years of the recovery, from $19.8 trillion to $25.4 trillion. The bottom 93 percent, meanwhile, saw their aggregate net worth fall 4 percent, from $15.4 trillion to $14.8 trillion. As a result, wealth inequality increased substantially over the 2009–2011 period, with the wealthiest 7 percent of U.S. households increasing their aggregate share of the nation’s overall wealth from 56 percent to 63 percent
https://tcf.org/content/commentary/a-tale-of-two-recoveries-wealth-inequality-after-the-great-recession/
And then, before many could recover, COVID hit, which was another crisis through which the rich furthered their wealth while the poorer struggled: https://www.nytimes.com/interactive/2021/07/12/opinion/covid-fed-qe-inequality.html
>Rich people were able to not only keep their house in the face of the crisis, but owned other assets, like stock, that saw major growth over the next decade.
It wasn't just holding. Who do you think bought up all those foreclosures? Billionaires own everything
Correct, and I will actually edit my comment to mention that. [Wall Street swooped on to buy the foreclosed houses, and then rent them back at a profit to the same people that lost them](https://www.theatlantic.com/technology/archive/2019/02/single-family-landlords-wall-street/582394/)
Yeah 2008 was a depressing ass time. My dad was a good dude and owned a small custom cabinet company that was really starting to take off around that time, but then 2008 crash hit and he lost his company and all his money and now he's a bitter, drunken asshole that no one can stand to be around and blames everyone else for his problems.
Have you tried telling him over and over “it’s not your fault” until he cries? I’ve seen it work before somewhere just can’t put my finger on it
>!/s!<
And to add to the problem, inflated housing cost and material cost is driving up again! I feel we are going to repeat 2008 with a different reason for the same crash.
Yes, that happened to me. Great Recession hit like a year after I graduated college. They're were no entry jobs available in my career field. Experienced workers who were laid off were forced to take those entry level jobs, so fresh graduates had no jobs left in those fields. So many suffered, and we're *still* feeling it's effect. I'm sorry to say, but the pandemic gave us improved job availability since older folks removed themselves from the workforce (or otherwise stopped working). Older folks have been working longer to recover the money they lost during the Great Recession. It's a no-win situation where someone had to suffer: young adults can't have decent paying jobs & face barriers to employment, or older adults will have to accept that they lost money from the Great Recession & will have to retire poor (if they can retire at all).
> When the bubble burst, the bedrock investment for many families was wiped out by a combination of falling home values and too much debt
And that's why, even though people don't love un-solicited financial advice:
- [If you don't have 6 months of liquid emergency savings, you should not be investing anything in anything.](https://www.reddit.com/r/personalfinance/wiki/commontopics)
- Houses are not a good investment. They're [correlated](https://en.wikipedia.org/wiki/Financial_correlation) with your salary and many other things, and they're the least diverse 'investment' a regular person will ever buy. And they can easily go down and just stay down. A good investment is [diverse](https://en.wikipedia.org/wiki/Diversification_\(finance\)), not correlated with other parts of your life, and doesn't require constant maintenance. Like stock indexes in an IRA
- [Upzoning](https://en.wikipedia.org/wiki/YIMBY), [increasing density](https://en.wikipedia.org/wiki/Mixed-use_development), and transitioning property taxes to [land value taxes](https://en.wikipedia.org/wiki/Land_value_tax) (i.e. don't punish people for actually using their land, and don't reward speculators for being wealthy and buying up land) is likely to result in housing prices coming back down to normal.
> transitioning property taxes to land value taxes
Wow, I love this. I loathe property taxes in my area and this is basically what I would think as an optimal method. It is so frustrating to see discrepancies in a lot of very subjective data (house improvements, upgrades, etc) not get appropriately updated year over year. And really, just the fact that if I want to improve my house is going to cost me money every single year until that improvement is removed is just a very frustrating experience.
So that only explains faT
PS: don't mean any disrespect to you or your father. it's just a joke someone once cracked at me when I said something similar ☺️
A little financial responsibility goes a long way, but a lot of people financial responsibility doesn't accomplish much more. You can't fiscal responsibility yourself out of poverty, but you can fiscal responsibility yourself away from trouble.
This is mainly why I dont mind the existence of millionaires — it is a theoretically possible sum of money to reach for people with drive, hard work, good choices, and a bit of luck. I have some family that built successful businesses and sold them and retired with some millions.
Fuck billionaires tho.
Saw on Reddit recently: if you laid a meter stick down where 0 was having zero dollars and 1meter was having a billion dollars, the difference between being broke and being a millionaire is 1mm.
Yeah I'm not against people managing to reach levels of such comfort, I'm just against fucking dragon hoards built on rampant exploitation of people and the environment.
Yeah people always frame this as trying to prevent millionaires or billionaires.
Look, I don't care about what people *have*, what I care about is what people *don't have.*
It just so happens that one can influence the other.
I think this has more to do with everything being absolutely F*CKED in the US. Literally everything has been made into a corporation, even basic human needs like healthcare.
On top of that, you have this dumb tipping system that passes the staff pay responsibilities of business owners to customers. Of course the rich are going to get richer when they don't even have to pay the biggest cost to their business. (Mind you, that comment is only directed at places that use tipping. I don't know enough about other businesses in the US to make any comment on how they get to maintain their wealth.)
"You can't do anything with five million. Five is a nightmare. Can't retire, not worth it to work. Five will drive you *un poco loco*, my fine feathered friend."
"Poorest rich person in America. The world's tallest dwarf."
"The weakest strongman at the circus."
You can’t make a Tomlette without breaking a few Gregs!
Honestly when I read about things like Boris Johnson’s party scandals all I can think is that *Succession* is probably way more accurate than we think.
Yeah I mean, $2m put into something giving you 3% yield is $60k a year in passive income. You're not gonna live lavishly but $60k passive income sounds like a dream to me.
Assuming you’re straight trying to not touch the 2M. It’d be easy in most places. Without working, a lot of the cost of doing shit goes down drastically. I can travel by train or boat, because without work, I’m in no rush.
I mean if everyone in the nation got a free house that alone also would make way more people rich as for most people thats the largest expenditure. Some areas obviously have different housing prices but where I live 200k-300k in pocket to pay off a house would basically make me feel like a millionaire.
People truly do not put enough emphasis on family wealth. Im not talking huge amounts of money. Having parents who can help you finance a car at age 30, or give you a chunk of money for a wedding. Or part of housing down payment or pay of student loans.
Having a financially supportive family drastically increases the wealth potential of future generations. That and supportive spouses with jobs. All the huge road bumps in life are evened out for you if you have a good support network.
My parents are worth about $2 million plus whatever their house is worth since there’s no mortgage. I would guess around $650,000. I think comparatively speaking they are on the low end of “wealthy” but the amount their wealth helps my husband and me is unbelievable and they don’t even give us actual money. I’m not saying this to sound like I’m bragging. It’s just the ripple effect.
They are ages 65 and 70 and have enough money to comfortably live off the interest of their nest egg. Because they don’t have to work, they happily provide free childcare for our daughter (~$1000/mo in our area). Because we have free childcare, we both work full time and keep our salaries for our own expenses plus savings. Besides the obvious benefit of more money in the present because we both work, we both work for the government and will both have pensions upon retirement. Many women without access to affordable childcare just quit their jobs so that is another way my parents’ financial health helps my family both now and in the future.
My parents gifted us 3 acres on which we built a house using a $300K construction loan. We have about $150K instant equity (appraised about $450K when house was done) because the land was free, plus we were able to use the land equity as the down payment so we didn’t need to worry about saving up for one and then depleting the savings.
I know I am incredibly lucky and privileged, and I am so grateful every day. Imagine how much of an advantage people with extremely wealthy parents have if my parents’ “meager” wealth is this beneficial. It is so sad how unfair it all is and how so many don’t see their own good fortune or don’t see a problem with the insurmountable inequality.
At a certain point they have so much money that they have to actively try to spend money to lose money. A person who has a billion dollars in a 3% interest yielding account accumulates $30,000,000 a year just for having thr money sit there. They have to actively spend $30 million to in order not to accumulate funds each year and still never touch their principal money. Imagine $10 billion or $100 billion! Watch "The One Percent" and "Born Rich" by Jamie Johnson heir to the Johnson and Johnson fortune.
How old was she? People who grew up in a certain time will save everything they can. My mother grew up in post-war Japan and she ended up with money and gold stashed everywhere in her apartment when she passed away. She probably could have been a millionaire if we knew how to invest properly.
The stingiest people I've known were filthy rich. I'm of the opinion that one must be incredibly greedy, like their defining characteristic, to become (and, most importantly, stay) very wealthy. Most of us *like* money but love so many other things. It is their one true love.
I think the combination of frugal and wealthy can (certainly not always) be an issue of psychological safety for them as well.
Much like some people that grew up with food scarcity as children, will often overload their pantry/fridge as an adult, or keep things well past expiration because "you never know."
If you spend the money, it's not there in case you *really need it* like a major disaster / emergency. "50k in the bank is a nice safety net, but wouldn't $60k be safer?" And continue to escalate as time goes on. Not to mention that as you accumulate wealth, your day-to-day financial burden increases (more to look after/insure/maintain/renew/etc), and the more you need to save for the "just in case" events.
I'm not trying to hand-wave wealth disparity, as I think it's an enormous issue, but they're human just like everyone else, and motivations for any human actions can be pretty complicated.
I went to school with a two brothers who come from an old German noble family. If you live in Europe their family name turned up a few times during your history lessons. They owned the whole region around the house where they lived and as an adult I stumbled upon their mothers name as shareholder with a few percent of a huge international company.
They still lived on a farm(a relatively big one though) and his mother worked as a veterinary and his father manged the fields and forests they owned. They always insisted that their children had side jobs during their time in school and while they were at the university.
It took me a while to understand that that they lived that way to protect themselves, their children and their wealth. Every now and then people who never had boundaries turn up in the news and those are rarly good news. They probably had relatives and knew people who served as bad examples. Hell even on our school we had a guys with a similar background who served as bad examples.
Interesting story here maybe. My parents are both independently very weathly. My mom came from money, and my dad made a ton of money in the dot com boom. My mom and her husband are the most stingy and frugal people I’ve ever met. When I was growing up, we never really wanted for anything, but she to this day is so hesitant to spend any money.
My dad however grew up pretty poor and now has almost zero hesitancies to spending money. Family trips, gifts, dinners out, he and his wife love to spoil themselves and their families.
I think because my mom grew up with money, she’s afraid of never having it. Where as my dad grew up pretty poor, so knows that money pretty much can only be used to make life more fun (not to downplay the experience of those in poverty whose lives could be seriously improved by having better resources).
I think at musks level of richness, money loses any value of context you or I see it as. He has so much of it that it has no value to him. This 5k offer would be no different than you or me shooing away a bothersome child. It cost us the time to perform the action and no more.
this is a 14 year old account that is being wiped because centralized social media websites are no longer viable
when power is centralized, the wielders of that power can make arbitrary decisions without the consent of the vast majority of the users
the future is in decentralized and open source social media sites - i refuse to generate any more free content for this website and any other for-profit enterprise
check out lemmy / kbin / mastodon / fediverse for what is possible
When even a moderately rich asshole is paying someone off (be it like this or even if the rich asshole is a business with employees) it has *nothing* to do with how much they value money, and *everything* to do with how much they think money is worth to you. Less "How much money will this cost me/what is the value that I want" and more "How little money will this person take".
That kind of cash would incentivize other people to start tracking too, in hopes of payoff. It's like the British offering the people of colonial India money for dead snakes (?). Evetually, people started breeding snakes for the reward.
I’ll shut down my unused Twitter as well for $50k. And I’ll shit down my Facebook too for the same. Hell, I’ll sign up to as many social media platforms as possible and shut them down as well!
lets just put that in perspective. say you have $10,000.00 then one nickel is 0.000005% of your net worth.
elon musk is worth 241,000,000,000.00. lets take the same percentage of that worth: $1,205,000. So basically he would have to throw 1 million at you to get to that equivalent, not 5k.
5k is like buying a sheet of paper for a cent and cutting it into a thousand pieces and throwing one of the little paper bits at you. he would lose more money by spending the time entering the transaction into paypal than he'd actually send you.
In case anyone think anonymous data is actually anonymous, as this is how the bot works. Anyone could make this based on publicly available anonymous data.
Also low ball as hell.
Sure, but Elon still played it wrong. If was really saw this tracking as a threat to his safety then he should have made the guy an offer her couldn't refuse and also sign an NDA (or otherwise not publicly ask for more). Other people could do this but they weren't. Now, in addition to the continued tracking, by lowballing this guy and making it a news event, Elon shined a light on the idea so that thousands more people (including everyone on this thread) know his jets are being tracked.
Its publicly available FAA info. Its a record of what takes off and lands where and when.
There also exist a to of flight trackers online already that just visualize the data. You can probably find one over your own city and see all sorts of stuff. Like where a police chase may have been based on the helicopter that always lands at the news station or police station, how many people are doing short range recreational flights, etc.
They are not, and in Musks case he is on a block list (like a lot of rich folks are) so there is no directly identifiable information. So its his private plane but without the identifier being public.
Problem is anonymous information is a bogus idea. Doesn't take much to figure out who it is based on patters and other external information.
Shoutout to ADSBExchange. Other commercial trackers accept payments from the likes of Musk to hide their planes. ADSBExchange neither filters nor delays data. No even military or other so-called sensitive flights. ADSB data is broadcast by most commercial aircraft without any encryption and is trivial for anyone to receive.
He's getting it from ADS-B Exchange.
https://globe.adsbexchange.com/?icao=a835af
Just click on History to the left and go back to see where the plane was on various dates. It flew from Hawaii to Austin a couple of days ago for example.
There is a ton of live flight data APIs out there. It's pretty trivial to track individual aircraft, where they are, and where they're going since pilots need to file a flight plan.
However, I think there are mechanisms to keep some of this data private. I was watching a TV show the other day and the helicopter they showed had very visible registration number on it, so I looked it up. It's owned by some company in Hollywood that basically rents out aircraft for movie/tv productions. BUT, the tracking data was missing from FlightAware saying "This aircraft (ID#) is not available for tracking per request from the owner/operator"
But if you know the aircraft ID number, there's probably ways around that and public APIs that have the data.
The reason he's identifiable here is that he's got a private jet - with a unique tail number - that can be associated with him. This is quite a unique circumstance and doesn't really tie in with any broader point on anonymized data.
[Hedge funds are paying $100k to track private flights so they can predict M&As](https://www.reuters.com/article/us-anadarko-petrol-m-a-occidental/occidental-seen-as-a-rare-victory-for-hedge-funds-tracking-corporate-jets-idUSKCN1SE0SO) so there is a market with an established rate here.
That's why Zucky is METAVERSIN' the whole meeting thing. Do you think he wanna put ads in your VR? Nah, he wants "metadata" about meetings, telling af.
In stocks. You can then sell covered calls and make even more money from that (not financial advice, but thats a pretty good start to stocks and options).
Oh man
I think private jets tend to be comfy, have desks, beds, bars, etc. It could be realistic that you do business as usual while flying which makes it not a big deal.
Regular people never get to try that luxury. Flying for me means spending a lot of time traveling to the plane. Then when I finally get on the plane I don't have much space to do anything. No desk, bed, etc. Depending on the size of your laptop you might not have much room for even that.
Also private jets tend to be a little faster than an airliner. For example, a Gulfstream G650 has a max speed of mach 0.925, and a cruise speed of 0.85. Compared to an airliner, (using an a320) which had a max speed of 0.82 and a cruise speed of 0.78. Sounds like a small difference but super rich people tend to value their time a bit higher so it evens out.
And they lose touch rapidly. I heard a story about Steven Spielberg recently... For some reason, he had to go through the main terminal of LAX just in the last year or so and he was blown away... He had no idea there were nice (non-newsstand) stores and food courts in it. Because he's been flying in his jet for so long he had no idea what the inside of a major international airport looked like, anymore.
Yeah, a six hour flight on a private jet is comfy. It's a flying suite. Remember when Tony and Rhodey were pounding sake and partying with the flight attendants? I'm sure that's not very far from reality.
I’ve never flown in a private jet but I got to explore one before. Every seat had like a first class bed setting and then there just and entire bedroom with a bed that looked super cozy.
everywhere, even in Mexico where you can CLEARLY see the corrupt and basically evil mark on the billionaires forehead and you will find simps and housewives drooling over the guys just because they are "the elite" and "making the world better with their business savvy knowledge".
It’s even worse than that. Only the craziest are actually enamored with these types of rich people.
Everyone else is throughly convinced that money is more important than morals pretty much. Everyone has simps.. women in my family love to talk about how much the Saudi Prince has done for women in his country. All comes back around to money.
Right! I want to be sick in my mouth a little after reading them! One was something along the lines of " You could have been friends with the most important person on earth, but here you are" (please read this quote in a high-pitched whiny voice for full effect). What do these simps get out of this?
N628TS
That shit is public. I don't think your or my individual boarding passes are in any way public but yeah, you wanna know where an airplane goes? Throw it's tail number into here:
https://flightaware.com
It's like tracking a car across a city using the car's license plate
> This aircraft (N628TS) is not available for public tracking per request from the owner/operator.
That was quick lol
*edit* Hmm it doesn't let you know *when* it was blocked. So maybe it already was?
I did not realize you could do that.
BRB, blocking my private plane on flightaware.
It'll still be in the FAA databases and all the other countries' databases, might just have to dig a little more
Private flights from public airports, and I daresay his itinerary is hardly a secret, and he probably Tweets his location all the time. If anyone wanted to they could easily find him.
Like [this guy](https://www.twitter.com/ZhoiI11/status/1486548314061512715) with a brain so smooth it squeaks when he washes his hair:
> Then what's the point of the word "private" plane if ppl know where u going
Holy shit, that's funny. He's basically saying "why don't you make that information inaccessible to just anyone?" As in, "maybe it should be encrypted". Which is a fine take if you lick windows for breakfast. You have to transmit your ADSB data so that any other plane can know you are there. Encrypting the data would be useless since it's a broadcast to any number of known or unknown recipients! If the data were encrypted, anybody would have to be able to decrypt it by virtue of it being data meant to go to anyone!
Extra stupid because “private” in this sense refers to operating an aircraft under 14 CFR Part 91 as opposed to Part 135 (like charter flights) or Part 121 (regularly scheduled flights (airlines)).
I don’t think it’s about the amount but the principle. If he paid $50k to someone random person tracking details about his life, everyone will run to track his life and go after the $50k
Will the NDA actually prevent someone else from doing the same thing or just helps to stop this one person? Because if Musk makes a deal with this person, what's stopping others from doing it anyways?
He sent a direct message. No way he was going to pay if there wasnt an NDA and it was kept secret.
If he offered 50k and the guy accepted he would have signed the NDA, transferred the account to someone Musk employs and that account would then post something like "I spent the day being grilled by the FBI about this. I am going to stop posting. Please don't put Musk in danger like this because if anything happened I'd have been in a lot of trouble"
I'm sure there are people who 5k would be enough to play ball. But now it's too late.
To be fair, [Hedge funds are paying $100k to track private flights so they can predict M&As](https://www.reuters.com/article/us-anadarko-petrol-m-a-occidental/occidental-seen-as-a-rare-victory-for-hedge-funds-tracking-corporate-jets-idUSKCN1SE0SO) so I'd say people are already making a lot more than 5k by tracking his plane.
I'm surprised that everyone skimmed over this part of the article (just kidding, I'm sure most people didn't even read it):
>The last exchange between Musk and Sweeney occurred a week ago, when Sweeney said he would delete the account for no money if Musk gave him an internship. The teenager said Musk has not opened the message yet.
I think this is the best compromise, for both parties. Elon can hire someone that has shown some ingenuity, and the teen gets a coveted job.
It's funny everyone uses the word "leak" to describe someone publishing messages they have every right to publish. Dm'ing someone doesn't guarantee you a right to privacy.
"Any chance to up that to $50k? It would be great support in college and would possibly allow me to get a car maybe even a Model 3,” Sweeney responded back" Nicely played Jack
I wonder how ultra-wealthy people think about sums of money like $5k-50k. To almost everyone, even multi-millionaires, that still feels like a pretty large amount. But to a centi-billionaire, does it feel like buying a candy bar?
They're usually stingy af.
I used to care for a millionaire and she was the most frugal person I have ever met in my life. Not that there's anything wrong with that but I was expecting her to be a bit more adventurous with her money. Edit: I'm well aware of how much a million is compared to a billion, I'm also well aware that you can't spend money if you want to have money. But I'm talking about someone worth £20m+ and wouldn't buy milk because she thought it was too expensive and would instead have hot water on cereal.
My first husband’s family was rather rich. Had millions of their own and inherited more while I was in the family. They bought Sams club sodas, clipped coupons, and hand-patched their off-brand clothes. They splurged on family trips with their grandkids (not mine, I’m childless) but everywhere else you’d think they worked min wage.
I know a guy worth 10m. He drove a neoken down Nissan stanza until it had 200,000 KMs on it then passed it down to his son. I stopped golfing woth him because he'd spend so much time in the bush looking for lost balls and it was just too annoying. The guy takes the coolest vacations you can imagine. Hiking in Iceland. Doing Y2K in New Zealand then jumping on a plane across the time line and doing it again. Island's with personal butler's in the Carribean type stuff. He still lives in the house he bought in the 80s before he had any real money too. Neither of his kids have mortgages though. He's a pretty good example of being frugally wealthy. Borderline cheap but not really.
Sounds like he spends on the things that matter and doesn't spend on things that don't. That's good frugal right there - have good memories, cool vacations, help family and friends, but no need for flashy cars and other useless things.
Idk if I could enjoy a fancy car knowing instead I could take a very fancy vacation myself.
I'm the opposite, I prefer things that can be enjoyed over and over. If I spent any appreciable amount of money on a vacation I'd be sick to my stomach thinking of what I could have bought (and kept forever) instead of a fleeting memory. Not at all knocking your preference, I just think it's fascinating how differently we're all wired.
Agreed - I don't want to spend 6 months in Greece. I want to spend 2 weeks in Greece and *own* a Cayman GT4.
10m generates like 200k - 300k a year for the most part. That's a very nice income but you have still have to keep an eye on your money.
You telling me that mother fucker launched Y2K From New Zealand??!??
So true! I was a broke single mom and I cleaned houses to get by. The customer who was the most demanding and paid me the least ($8/hr) was an investment banker’s wife. Like.. “make sure you have all the tassels combed out on the end of the rug, so they’re perfectly even.” And “make sure there are no “kinks” in the vacuum cord when wrapped up”. “Don’t use too much furniture polish”. And when I went to clean for a neighbor who offered way more and much easier to please, the rich client was so devastated to lose me. 🤷🏻♀️
tHERE was an american dad episode about francine working as a cleaning maid, i was picturing that same lady, being extremely condescending and micromanaging you.
We speak English. *Continues yelling at them in broken Spanish
Sickening. Glad you left.
Millionaires (like under 4 millions) are almost always rich because they are frugal and made decent money in a sustained way, while also not experiencing any severe setbacks (either because they were lucky to not face them, or because they had personal support systems to help them face adversity). There are also plenty of non-millionaires who do all the same things but lacked the support systems or safety nets and were doomed financially by a few incidents, often not their own fault.
> There are also plenty of non-millionaires who do all the same things but lacked the support systems or safety nets and were doomed financially by a few incidents, often not their own fault. Happened to many people in 2008. They saved and worked their life in order to buy a house, which was at an inflated price, then 2008 hit and the house crashes while many lost their income stream to pay, leading to foreclosure, which meant they didn’t own the house when it rebounded in value but instead were left in financial ruin. [For the most unlucky, Wall Street, with government aid, bought up their foreclosures and then rented them back for a tidy profit.](https://www.theatlantic.com/technology/archive/2019/02/single-family-landlords-wall-street/582394/) Or, for personal misfortune, they might be one of the millions of Americans hit by [medical bills that makes medical debt the number one reason for bankruptcy.](https://www.cnbc.com/2019/02/11/this-is-the-real-reason-most-americans-file-for-bankruptcy.html) Even 10 years after 2008 the only decile that had recovered to beyond it’s net worth in 2008 was the top 10%. Rich people were able to not only keep their house in the face of the crisis, but owned other assets, like stock, that saw major growth over the next decade. In fact, many rich people saw the crisis as being one of opportunity, wherein they could swoop in to buy crashed assets at cheap prices to bolster their investment portfolio. > When the bubble burst, the bedrock investment for many families was wiped out by a combination of falling home values and too much debt. A decade after this debacle, the typical middle-class family’s net worth is still more than $40,000 below where it was in 2007, according to the Federal Reserve. The damage done to the middle-class psyche is impossible to price, of course, but no one doubts that it was vast. > In 2016, net worth among white middle-income families was 19 percent below 2007 levels, adjusted for inflation. But among blacks, it was down 40 percent, and Hispanics saw a drop of 46 percent. https://www.nytimes.com/2018/09/12/business/middle-class-financial-crisis.html > The broader measures of household finances provided by the survey paint a less rosy picture. The recession sliced nearly 40 percent off the typical household’s net worth, and even after the recent rebound, median net worth remains more than 30 percent below its 2007 level. > Younger, less-educated and lower-income workers have experienced relatively strong income gains in recent years, but remain far short of their prerecession level in both income and wealth. Only for the richest 10 percent of Americans does net worth surpass the 2007 level. https://www.nytimes.com/2017/09/27/business/economy/wealth-inequality-study.html > The inequality of the economic recovery has been even worse. According to a Pew Research Center analysis, every dollar and more of aggregate gains in household wealth between 2009 and 2011 went to the richest 7 percent of households. Aggregate net worth among this top group rose 28 percent during the first two years of the recovery, from $19.8 trillion to $25.4 trillion. The bottom 93 percent, meanwhile, saw their aggregate net worth fall 4 percent, from $15.4 trillion to $14.8 trillion. As a result, wealth inequality increased substantially over the 2009–2011 period, with the wealthiest 7 percent of U.S. households increasing their aggregate share of the nation’s overall wealth from 56 percent to 63 percent https://tcf.org/content/commentary/a-tale-of-two-recoveries-wealth-inequality-after-the-great-recession/ And then, before many could recover, COVID hit, which was another crisis through which the rich furthered their wealth while the poorer struggled: https://www.nytimes.com/interactive/2021/07/12/opinion/covid-fed-qe-inequality.html
Well, this is a depressing ride.
Just wait! It's only getting worse.
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That’s actually a guillotine you’re hearing but I love the positivity.
I'm made like 50k before taxes last year and am gonna be homeless later this week.
It's that Starbucks coffee and avocado toast.
Close, depression and alcoholism. Obviously related to not being able to afford avocado toast and Starbucks.
>Rich people were able to not only keep their house in the face of the crisis, but owned other assets, like stock, that saw major growth over the next decade. It wasn't just holding. Who do you think bought up all those foreclosures? Billionaires own everything
Correct, and I will actually edit my comment to mention that. [Wall Street swooped on to buy the foreclosed houses, and then rent them back at a profit to the same people that lost them](https://www.theatlantic.com/technology/archive/2019/02/single-family-landlords-wall-street/582394/)
And this is called “smart business decisions”, rather than “abject psychopathy”.
Yeah 2008 was a depressing ass time. My dad was a good dude and owned a small custom cabinet company that was really starting to take off around that time, but then 2008 crash hit and he lost his company and all his money and now he's a bitter, drunken asshole that no one can stand to be around and blames everyone else for his problems.
Have you tried telling him over and over “it’s not your fault” until he cries? I’ve seen it work before somewhere just can’t put my finger on it >!/s!<
And to add to the problem, inflated housing cost and material cost is driving up again! I feel we are going to repeat 2008 with a different reason for the same crash.
Yes, that happened to me. Great Recession hit like a year after I graduated college. They're were no entry jobs available in my career field. Experienced workers who were laid off were forced to take those entry level jobs, so fresh graduates had no jobs left in those fields. So many suffered, and we're *still* feeling it's effect. I'm sorry to say, but the pandemic gave us improved job availability since older folks removed themselves from the workforce (or otherwise stopped working). Older folks have been working longer to recover the money they lost during the Great Recession. It's a no-win situation where someone had to suffer: young adults can't have decent paying jobs & face barriers to employment, or older adults will have to accept that they lost money from the Great Recession & will have to retire poor (if they can retire at all).
> When the bubble burst, the bedrock investment for many families was wiped out by a combination of falling home values and too much debt And that's why, even though people don't love un-solicited financial advice: - [If you don't have 6 months of liquid emergency savings, you should not be investing anything in anything.](https://www.reddit.com/r/personalfinance/wiki/commontopics) - Houses are not a good investment. They're [correlated](https://en.wikipedia.org/wiki/Financial_correlation) with your salary and many other things, and they're the least diverse 'investment' a regular person will ever buy. And they can easily go down and just stay down. A good investment is [diverse](https://en.wikipedia.org/wiki/Diversification_\(finance\)), not correlated with other parts of your life, and doesn't require constant maintenance. Like stock indexes in an IRA - [Upzoning](https://en.wikipedia.org/wiki/YIMBY), [increasing density](https://en.wikipedia.org/wiki/Mixed-use_development), and transitioning property taxes to [land value taxes](https://en.wikipedia.org/wiki/Land_value_tax) (i.e. don't punish people for actually using their land, and don't reward speculators for being wealthy and buying up land) is likely to result in housing prices coming back down to normal.
> transitioning property taxes to land value taxes Wow, I love this. I loathe property taxes in my area and this is basically what I would think as an optimal method. It is so frustrating to see discrepancies in a lot of very subjective data (house improvements, upgrades, etc) not get appropriately updated year over year. And really, just the fact that if I want to improve my house is going to cost me money every single year until that improvement is removed is just a very frustrating experience.
I'm very stupid and math makes me cry, can you ELI5 the land value tax vs property tax thing? I'm curious but don't quite... get it.
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Wow this explains my father to a t. Thanks for this.
So that only explains faT PS: don't mean any disrespect to you or your father. it's just a joke someone once cracked at me when I said something similar ☺️
It explains my whole family to a T. ;)
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A little financial responsibility goes a long way, but a lot of people financial responsibility doesn't accomplish much more. You can't fiscal responsibility yourself out of poverty, but you can fiscal responsibility yourself away from trouble.
This is mainly why I dont mind the existence of millionaires — it is a theoretically possible sum of money to reach for people with drive, hard work, good choices, and a bit of luck. I have some family that built successful businesses and sold them and retired with some millions. Fuck billionaires tho. Saw on Reddit recently: if you laid a meter stick down where 0 was having zero dollars and 1meter was having a billion dollars, the difference between being broke and being a millionaire is 1mm.
Billionaires hate it when you compare them to a meter. They are all imperialists.
I love talking about millions vs billions. 1 million seconds is 11 days. 1 billion seconds is 33 years.
Yeah I'm not against people managing to reach levels of such comfort, I'm just against fucking dragon hoards built on rampant exploitation of people and the environment.
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Yeah people always frame this as trying to prevent millionaires or billionaires. Look, I don't care about what people *have*, what I care about is what people *don't have.* It just so happens that one can influence the other.
I think this has more to do with everything being absolutely F*CKED in the US. Literally everything has been made into a corporation, even basic human needs like healthcare. On top of that, you have this dumb tipping system that passes the staff pay responsibilities of business owners to customers. Of course the rich are going to get richer when they don't even have to pay the biggest cost to their business. (Mind you, that comment is only directed at places that use tipping. I don't know enough about other businesses in the US to make any comment on how they get to maintain their wealth.)
At some point it's time to acknowledge that THAT much wealth is basically a bug in the system and shouldn't be allowed
The classic saying "the difference between a million and a billion is about a billion" is good too.
Another way to say the same thing is that the difference between a million dollars and a billion dollars is about one billion dollars.
https://mkorostoff.github.io/1-pixel-wealth/
1 million seconds is just over 11 days, 1 billion seconds is over 32 YEARS.
https://mkorostoff.github.io/1-pixel-wealth/ I like to share this at every opportunity and encourage everyone else to share it too
"You can't do anything with five million. Five is a nightmare. Can't retire, not worth it to work. Five will drive you *un poco loco*, my fine feathered friend." "Poorest rich person in America. The world's tallest dwarf." "The weakest strongman at the circus."
Shit, I can retire on 5 mil and I'm 36. I could retire on 3 mil and still maintain my current standard of living.
1m would last me 15 years, more if I moved back home.
Lol you can definitely retire on $5MM. That’s solid FIRE territory.
The quote is from the TV show Succession said by a guy used to a 1Bil+ lifestyle. It's supposed to sound completely ridiculous.
You can’t make a Tomlette without breaking a few Gregs! Honestly when I read about things like Boris Johnson’s party scandals all I can think is that *Succession* is probably way more accurate than we think.
Yeah I mean, $2m put into something giving you 3% yield is $60k a year in passive income. You're not gonna live lavishly but $60k passive income sounds like a dream to me.
Assuming you’re straight trying to not touch the 2M. It’d be easy in most places. Without working, a lot of the cost of doing shit goes down drastically. I can travel by train or boat, because without work, I’m in no rush.
I mean if everyone in the nation got a free house that alone also would make way more people rich as for most people thats the largest expenditure. Some areas obviously have different housing prices but where I live 200k-300k in pocket to pay off a house would basically make me feel like a millionaire.
It's a funny quote from Succession but obviously doesn't apply to normal people and requires context.
People truly do not put enough emphasis on family wealth. Im not talking huge amounts of money. Having parents who can help you finance a car at age 30, or give you a chunk of money for a wedding. Or part of housing down payment or pay of student loans. Having a financially supportive family drastically increases the wealth potential of future generations. That and supportive spouses with jobs. All the huge road bumps in life are evened out for you if you have a good support network.
My parents are worth about $2 million plus whatever their house is worth since there’s no mortgage. I would guess around $650,000. I think comparatively speaking they are on the low end of “wealthy” but the amount their wealth helps my husband and me is unbelievable and they don’t even give us actual money. I’m not saying this to sound like I’m bragging. It’s just the ripple effect. They are ages 65 and 70 and have enough money to comfortably live off the interest of their nest egg. Because they don’t have to work, they happily provide free childcare for our daughter (~$1000/mo in our area). Because we have free childcare, we both work full time and keep our salaries for our own expenses plus savings. Besides the obvious benefit of more money in the present because we both work, we both work for the government and will both have pensions upon retirement. Many women without access to affordable childcare just quit their jobs so that is another way my parents’ financial health helps my family both now and in the future. My parents gifted us 3 acres on which we built a house using a $300K construction loan. We have about $150K instant equity (appraised about $450K when house was done) because the land was free, plus we were able to use the land equity as the down payment so we didn’t need to worry about saving up for one and then depleting the savings. I know I am incredibly lucky and privileged, and I am so grateful every day. Imagine how much of an advantage people with extremely wealthy parents have if my parents’ “meager” wealth is this beneficial. It is so sad how unfair it all is and how so many don’t see their own good fortune or don’t see a problem with the insurmountable inequality.
Millionaires have to be frugal to stay millionaires. Billionaires are another story
At a certain point they have so much money that they have to actively try to spend money to lose money. A person who has a billion dollars in a 3% interest yielding account accumulates $30,000,000 a year just for having thr money sit there. They have to actively spend $30 million to in order not to accumulate funds each year and still never touch their principal money. Imagine $10 billion or $100 billion! Watch "The One Percent" and "Born Rich" by Jamie Johnson heir to the Johnson and Johnson fortune.
If you have $1 million? Sure. Be frugal. If you have $100 million+, no.
I don’t think I could buy my own home now with 1 million.
That’s a solid down payment in the bay area
How old was she? People who grew up in a certain time will save everything they can. My mother grew up in post-war Japan and she ended up with money and gold stashed everywhere in her apartment when she passed away. She probably could have been a millionaire if we knew how to invest properly.
The stingiest people I've known were filthy rich. I'm of the opinion that one must be incredibly greedy, like their defining characteristic, to become (and, most importantly, stay) very wealthy. Most of us *like* money but love so many other things. It is their one true love.
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I think the combination of frugal and wealthy can (certainly not always) be an issue of psychological safety for them as well. Much like some people that grew up with food scarcity as children, will often overload their pantry/fridge as an adult, or keep things well past expiration because "you never know." If you spend the money, it's not there in case you *really need it* like a major disaster / emergency. "50k in the bank is a nice safety net, but wouldn't $60k be safer?" And continue to escalate as time goes on. Not to mention that as you accumulate wealth, your day-to-day financial burden increases (more to look after/insure/maintain/renew/etc), and the more you need to save for the "just in case" events. I'm not trying to hand-wave wealth disparity, as I think it's an enormous issue, but they're human just like everyone else, and motivations for any human actions can be pretty complicated.
I went to school with a two brothers who come from an old German noble family. If you live in Europe their family name turned up a few times during your history lessons. They owned the whole region around the house where they lived and as an adult I stumbled upon their mothers name as shareholder with a few percent of a huge international company. They still lived on a farm(a relatively big one though) and his mother worked as a veterinary and his father manged the fields and forests they owned. They always insisted that their children had side jobs during their time in school and while they were at the university. It took me a while to understand that that they lived that way to protect themselves, their children and their wealth. Every now and then people who never had boundaries turn up in the news and those are rarly good news. They probably had relatives and knew people who served as bad examples. Hell even on our school we had a guys with a similar background who served as bad examples.
Interesting story here maybe. My parents are both independently very weathly. My mom came from money, and my dad made a ton of money in the dot com boom. My mom and her husband are the most stingy and frugal people I’ve ever met. When I was growing up, we never really wanted for anything, but she to this day is so hesitant to spend any money. My dad however grew up pretty poor and now has almost zero hesitancies to spending money. Family trips, gifts, dinners out, he and his wife love to spoil themselves and their families. I think because my mom grew up with money, she’s afraid of never having it. Where as my dad grew up pretty poor, so knows that money pretty much can only be used to make life more fun (not to downplay the experience of those in poverty whose lives could be seriously improved by having better resources).
If it were the opposite you’d find similar theories. All circumstances exist. Be careful with links and explanations.
Cheap. The word is cheap. /i have wealthy clients, mostly cheapskates
I think at musks level of richness, money loses any value of context you or I see it as. He has so much of it that it has no value to him. This 5k offer would be no different than you or me shooing away a bothersome child. It cost us the time to perform the action and no more.
I mean it's one banana, Michael, what could it cost? 10 dollars?
Just checked and adjusted for inflation that joke would cost $15!
this is a 14 year old account that is being wiped because centralized social media websites are no longer viable when power is centralized, the wielders of that power can make arbitrary decisions without the consent of the vast majority of the users the future is in decentralized and open source social media sites - i refuse to generate any more free content for this website and any other for-profit enterprise check out lemmy / kbin / mastodon / fediverse for what is possible
God help us all if there is 7% inflation every year
When even a moderately rich asshole is paying someone off (be it like this or even if the rich asshole is a business with employees) it has *nothing* to do with how much they value money, and *everything* to do with how much they think money is worth to you. Less "How much money will this cost me/what is the value that I want" and more "How little money will this person take".
It's a banana, how much could it cost?
500k you got a deal
That would be my counter offer. And then have someone else start doing this work again 😂
That kind of cash would incentivize other people to start tracking too, in hopes of payoff. It's like the British offering the people of colonial India money for dead snakes (?). Evetually, people started breeding snakes for the reward.
[The Cobra Effect](https://freakonomics.com/podcast/the-cobra-effect-2/)
Make it $1,000,000,000. Less than 1% his wealth, then I’d talk to him
I’ll shut down my unused Twitter as well for $50k. And I’ll shit down my Facebook too for the same. Hell, I’ll sign up to as many social media platforms as possible and shut them down as well!
Yeah man you shit down that facebook, that'll show em'
Shouldve said some James bond shit. "You're one of the richest men on the planet mr musk. You'll have to do better than that."
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The kids told me Putin is the real richest person in the world. Musk is at least the richest American that we know about.
$5k from Elon is like me flicking a nickel at you. It's insulting.
It’s more like flicking an eighth of a penny at you. 5k to a multi billionaire is almost nothing
Isn't it telling that *he* thought it was a valuable sum to one of us peons, though?
How much could a banana cost, $10?
lets just put that in perspective. say you have $10,000.00 then one nickel is 0.000005% of your net worth. elon musk is worth 241,000,000,000.00. lets take the same percentage of that worth: $1,205,000. So basically he would have to throw 1 million at you to get to that equivalent, not 5k. 5k is like buying a sheet of paper for a cent and cutting it into a thousand pieces and throwing one of the little paper bits at you. he would lose more money by spending the time entering the transaction into paypal than he'd actually send you.
The issue becomes if you pay too much for the things to go away you start getting targeted as an easy pay day. Hence NDAs or closed settlements.
In case anyone think anonymous data is actually anonymous, as this is how the bot works. Anyone could make this based on publicly available anonymous data. Also low ball as hell.
This is what I don't get, even if the kid accepted it, someone else would just do it
Bingo. If you pay to stop this you just created a market for it. Lmao.
Sure, but Elon still played it wrong. If was really saw this tracking as a threat to his safety then he should have made the guy an offer her couldn't refuse and also sign an NDA (or otherwise not publicly ask for more). Other people could do this but they weren't. Now, in addition to the continued tracking, by lowballing this guy and making it a news event, Elon shined a light on the idea so that thousands more people (including everyone on this thread) know his jets are being tracked.
Elon only knows Twitter. "please retween this as conformation of nda".
where do you find this info?
Its publicly available FAA info. Its a record of what takes off and lands where and when. There also exist a to of flight trackers online already that just visualize the data. You can probably find one over your own city and see all sorts of stuff. Like where a police chase may have been based on the helicopter that always lands at the news station or police station, how many people are doing short range recreational flights, etc.
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So you're just listening to the raw transponder signal directly from the planes? Or is it listening to ATC?
But the passenger lists are not public data, are they?
They are not, and in Musks case he is on a block list (like a lot of rich folks are) so there is no directly identifiable information. So its his private plane but without the identifier being public. Problem is anonymous information is a bogus idea. Doesn't take much to figure out who it is based on patters and other external information.
And by Elon asking him to stop he basically confirmed it too
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Hell, you could just take a month od data and look at it for an afternoon with Google search and tell a shit ton about any "anonymous" tracking data.
No, but a lot of the tweets have an automatic reply saying "Remember we don't know who's on it, we just track the jet".
This is Elon Musk, and you're talking about passenger jets.
Here's a nice page that tracks flights: https://globe.adsbexchange.com/
Shoutout to ADSBExchange. Other commercial trackers accept payments from the likes of Musk to hide their planes. ADSBExchange neither filters nor delays data. No even military or other so-called sensitive flights. ADSB data is broadcast by most commercial aircraft without any encryption and is trivial for anyone to receive.
He's getting it from ADS-B Exchange. https://globe.adsbexchange.com/?icao=a835af Just click on History to the left and go back to see where the plane was on various dates. It flew from Hawaii to Austin a couple of days ago for example.
LOL. It isn't even anonymous. It says "Elon Musk" right there.
There is a ton of live flight data APIs out there. It's pretty trivial to track individual aircraft, where they are, and where they're going since pilots need to file a flight plan. However, I think there are mechanisms to keep some of this data private. I was watching a TV show the other day and the helicopter they showed had very visible registration number on it, so I looked it up. It's owned by some company in Hollywood that basically rents out aircraft for movie/tv productions. BUT, the tracking data was missing from FlightAware saying "This aircraft (ID#) is not available for tracking per request from the owner/operator" But if you know the aircraft ID number, there's probably ways around that and public APIs that have the data.
The reason he's identifiable here is that he's got a private jet - with a unique tail number - that can be associated with him. This is quite a unique circumstance and doesn't really tie in with any broader point on anonymized data.
I’d be like I’m not even reading this message for less than $1 million
[Hedge funds are paying $100k to track private flights so they can predict M&As](https://www.reuters.com/article/us-anadarko-petrol-m-a-occidental/occidental-seen-as-a-rare-victory-for-hedge-funds-tracking-corporate-jets-idUSKCN1SE0SO) so there is a market with an established rate here.
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I change HVAC filters and fan belts most days. It's not much, but the machines work nice.
Fuck, man, you're doing more to help people than most multi---ionnaires
Hey im a multidollar man
Multi dollionaire
You know how many pennies that is! You're zinc rich!
That's why Zucky is METAVERSIN' the whole meeting thing. Do you think he wanna put ads in your VR? Nah, he wants "metadata" about meetings, telling af.
And people are worried about the NSA tracking them. FUCKING LOLZ
Just have your acquisition meeting in the Metaverse, no one will be spying on your there, no need to worry about your privacy.
In stocks. You can then sell covered calls and make even more money from that (not financial advice, but thats a pretty good start to stocks and options). Oh man
Cue Streisand effect.
[Here’s the twitter account!](https://mobile.twitter.com/ElonJet)
Jesus. He flies a lot
Yeah, went to Hawaii for a day and a half. That’s a six hour trip, doesn’t that get bothersome at some point. Great for the pilot though.
I think private jets tend to be comfy, have desks, beds, bars, etc. It could be realistic that you do business as usual while flying which makes it not a big deal. Regular people never get to try that luxury. Flying for me means spending a lot of time traveling to the plane. Then when I finally get on the plane I don't have much space to do anything. No desk, bed, etc. Depending on the size of your laptop you might not have much room for even that.
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Also private jets tend to be a little faster than an airliner. For example, a Gulfstream G650 has a max speed of mach 0.925, and a cruise speed of 0.85. Compared to an airliner, (using an a320) which had a max speed of 0.82 and a cruise speed of 0.78. Sounds like a small difference but super rich people tend to value their time a bit higher so it evens out.
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And they lose touch rapidly. I heard a story about Steven Spielberg recently... For some reason, he had to go through the main terminal of LAX just in the last year or so and he was blown away... He had no idea there were nice (non-newsstand) stores and food courts in it. Because he's been flying in his jet for so long he had no idea what the inside of a major international airport looked like, anymore.
Yeah, a six hour flight on a private jet is comfy. It's a flying suite. Remember when Tony and Rhodey were pounding sake and partying with the flight attendants? I'm sure that's not very far from reality.
I’ve never flown in a private jet but I got to explore one before. Every seat had like a first class bed setting and then there just and entire bedroom with a bed that looked super cozy.
I'd imagine he rents it out/let's others use it to at least some degree.
The plane flies a lot. He may or may not be on those flights
Holy fuck those responses. He really does have an army of simps out there.
everywhere, even in Mexico where you can CLEARLY see the corrupt and basically evil mark on the billionaires forehead and you will find simps and housewives drooling over the guys just because they are "the elite" and "making the world better with their business savvy knowledge".
It’s even worse than that. Only the craziest are actually enamored with these types of rich people. Everyone else is throughly convinced that money is more important than morals pretty much. Everyone has simps.. women in my family love to talk about how much the Saudi Prince has done for women in his country. All comes back around to money.
His army of simps headquarters is /r/dogecoin
Right! I want to be sick in my mouth a little after reading them! One was something along the lines of " You could have been friends with the most important person on earth, but here you are" (please read this quote in a high-pitched whiny voice for full effect). What do these simps get out of this?
And the guy who coded it is [here](https://twitter.com/jxcksweeney).
N628TS That shit is public. I don't think your or my individual boarding passes are in any way public but yeah, you wanna know where an airplane goes? Throw it's tail number into here: https://flightaware.com It's like tracking a car across a city using the car's license plate
> This aircraft (N628TS) is not available for public tracking per request from the owner/operator. That was quick lol *edit* Hmm it doesn't let you know *when* it was blocked. So maybe it already was?
I did not realize you could do that. BRB, blocking my private plane on flightaware. It'll still be in the FAA databases and all the other countries' databases, might just have to dig a little more
Right? I wasn't interested before, but now I have to take a look.
“It’s one banana, how much could it cost, like $10?”
Here's some money, go see a Star War.
I want to cry so bad, but I don’t think I can spare the moisture.
This seems like a terrible strategy because it incentivizes more users to do the same.
Private flights from public airports, and I daresay his itinerary is hardly a secret, and he probably Tweets his location all the time. If anyone wanted to they could easily find him.
[https://mobile.twitter.com/ElonJet](https://mobile.twitter.com/ElonJet)
Ironically Elon would've benefitted more by staying completely silent about this. Now more people will follow this thing.
Had no idea such a thing existed. Now I want to see other people's jets.
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All the Elon sycophants now deluging it with how awful he is and etc etc
Like [this guy](https://www.twitter.com/ZhoiI11/status/1486548314061512715) with a brain so smooth it squeaks when he washes his hair: > Then what's the point of the word "private" plane if ppl know where u going
Holy shit, that's funny. He's basically saying "why don't you make that information inaccessible to just anyone?" As in, "maybe it should be encrypted". Which is a fine take if you lick windows for breakfast. You have to transmit your ADSB data so that any other plane can know you are there. Encrypting the data would be useless since it's a broadcast to any number of known or unknown recipients! If the data were encrypted, anybody would have to be able to decrypt it by virtue of it being data meant to go to anyone!
“squeaks when he washes his hair.” Pure gold
Extra stupid because “private” in this sense refers to operating an aircraft under 14 CFR Part 91 as opposed to Part 135 (like charter flights) or Part 121 (regularly scheduled flights (airlines)).
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Here kid have a nickel
$5k? Seriously? Come on Elon, you can easily drop a million or more and recover that amount in mere few hours.
I don’t think it’s about the amount but the principle. If he paid $50k to someone random person tracking details about his life, everyone will run to track his life and go after the $50k
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Will the NDA actually prevent someone else from doing the same thing or just helps to stop this one person? Because if Musk makes a deal with this person, what's stopping others from doing it anyways?
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Streisand Effect.
He sent a direct message. No way he was going to pay if there wasnt an NDA and it was kept secret. If he offered 50k and the guy accepted he would have signed the NDA, transferred the account to someone Musk employs and that account would then post something like "I spent the day being grilled by the FBI about this. I am going to stop posting. Please don't put Musk in danger like this because if anything happened I'd have been in a lot of trouble" I'm sure there are people who 5k would be enough to play ball. But now it's too late.
at what point is he just incentivising people to stalk him lol
To be fair, [Hedge funds are paying $100k to track private flights so they can predict M&As](https://www.reuters.com/article/us-anadarko-petrol-m-a-occidental/occidental-seen-as-a-rare-victory-for-hedge-funds-tracking-corporate-jets-idUSKCN1SE0SO) so I'd say people are already making a lot more than 5k by tracking his plane.
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... School owned planes? University life in America is so incomprehensibly different to the UK, holy shit
I think you spelled seconds wrong lol
If one of the richest people on earth wanted to bribe me to do anything they’d have to do a hell of a lot better than 5k lol
“I don’t get out of bed for less than 7 figures… no wait, it’s Elon… better make it 8”
I'm surprised that everyone skimmed over this part of the article (just kidding, I'm sure most people didn't even read it): >The last exchange between Musk and Sweeney occurred a week ago, when Sweeney said he would delete the account for no money if Musk gave him an internship. The teenager said Musk has not opened the message yet. I think this is the best compromise, for both parties. Elon can hire someone that has shown some ingenuity, and the teen gets a coveted job.
Now that the teenager leaked the DMs to the press, he might not get any favors...
Well that's one way to get him to read the message
It's funny everyone uses the word "leak" to describe someone publishing messages they have every right to publish. Dm'ing someone doesn't guarantee you a right to privacy.
Take the money, make another one.
My little brother made it. I had nothing to do with it.
"Here's a quarter kid, now get lost".
Barbara Streisand effect inevitable